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Dutch business school launches Executive MBA in Water Management
NEWS/INBRIEF will enable us to service an even greater number of clients.” For further information, visit www.millipore.com
DESMI to sell DESMI Ocean Guard ballast water treatment systems
D
ESMI A/S and DESMI Ocean Guard A/S have entered into a cooperation agreement on the sale of ballast water treatment systems. DESMI Ocean Guard was set up last year by Denmark’s AP Moller – Maersk, Skjølstrup & Grønborg (UltraAqua) and DESMI A/S, specialising in ballast water treatment systems designed to protect local maritime eco-systems (see Filtration Industry Analyst, July 2009). The company is currently testing a 400 m3/h system at the DHI test facilities in Hundested, Denmark. DESMI A/S introduced the system at the SMM marine exhibition in Hamburg and expects to deliver the first systems in 2011. ”Considering that DESMI A/S has a wide and well rooted sales network to potential customers for the ballast water treatment systems, we will have a good basis for quickly spreading the knowledge of our ballast water treatment concept,” said DESMI Ocean Guard’s Christian Ingvorsen. “We are looking forward to introducing the system and its many advantages to our customers. There is a huge potential and having an approved and unique system we can only have a positive view of the future,” said Henrik Mørkholt, sales director at DESMI A/S. For further information, visit www.desmi.com
Dutch business school launches Executive MBA in Water Management
R
otterdam School of Management, Erasmus University and Wetsus, the Centre of Excellence for Sustainable Water Technology, are
September 2010
launching a new Water Specialisation as part of the RSM Executive MBA programme. Starting in January 2011, RSM and Wetsus will offer a higher management education to companies in the water business. With a strong emphasis on leadership development in an international environment, the aim of the EMBA Water Specialisation programme is to reflect and further expand on issues related to water quality, distribution and availability. Participants will take part in the first two terms of the Executive MBA Programme at RSM. The third term, specialising in the water business, will be modular in format and will take place at Wetsus in Leeuwarden. The In-Company project, supervised by an RSM faculty member, will also be on specialised water topics. “All indicators show us that there will be a global, severe water shortage,” said Prof Dr George Yip, Dean of RSM. “We therefore need to focus on this broad, complex issue, and help solve it by providing the necessary management and leadership skills to people working in the water management business.” “Successfully developing and implementing water technologies that address the world’s major water challenges requires talented, excellent and well trained people that can make a difference,” said Prof Dr ir Cees Buisman, co-founder and executive board member of Wetsus. “Aside from business principals, leadership and management skills, the EMBA participants will gain multidisciplinary insight to complex, worldwide water issues.” “The growing complexity of the water supply chain requires that the smartest people in the world join this industry. The initiative of Wetsus, RSM and its founding sponsors is driven by our desire to motivate experts to prepare themselves for the ever demanding water requirements of the future,” said Menno Holterman, chief growth officer and member of the board of directors at Norit, one of the founding partners of the initiative. “Times have changed dramatically for drinking water companies,” said Dr MG Flick, general manager at Evides NV, another of the founding partners. “While technical issues with long term views have ruled board room discussions for years, several developments have caused water companies to adapt business principles in order to adapt to short and medium term changes as a consequence of market developments,
In Brief UÊ Ahlstrom has completed the acquisition of China’s Shandong Puri Filter & Paper Products Ltd from the Purico Group (see Filtration Industry Analyst, August 2010). Shandong Puri Filter & Paper Products manufactures transportation filtration media and operates a plant in Binzhou in Shandong province in northeastern China. The site currently employs 170 people. www.ahlstrom.com UÊ ÀÛi]Ê >vÀ>L>Ãi`Ê MicroMedia Filtration Inc has changed its name to M2 Renewables Inc to reflect the wastewater treatment company’s wider commitment to sustainable solutions and its expanding business opportunities. www.m2renewables.com and www. mmfwater.com UÊ Cummins Inc has been named to the Dow Jones Sustainability World Index for the sixth consecutive year. The index recognises the top 10% of the world’s largest public companies for their economic, social and environmental performance. “Issues such as corporate responsibility, environmental stewardship and creating the right environment for our employees all have a direct impact on our long-term success as a company, and we take our responsibilities in these areas very seriously,”’ said Cummins chairman and CEO Tim Solso. www.cummins.com and www.sustainability-indexes.com UÊ Purolator, a supplier of oil, air and cabin air filters to the North American aftermarket, is offering rebates on its PureONE and Classic oil filters, air filters and BreatheEasy cabin air filter lines. With the combined purchase of the PureONE oil filter and a PureONE or Classic air filter before 30 October 2010, customers can earn a US$50 code at www.Restaurant. com. Customers who purchase a BreatheEasy cabin air filter before 30 October 2010 can receive a US$5 mail-in rebate, while a US$1.50 mail-in rebate can be earned on the purchase of any Purolator Classic oil filter. www.purolatorautofilters.net
Filtration Industry Analyst
3
IN BRIEF/NEWS
In Brief UÊ 1-ÊÛiÃÌiÌÊL>ÊJordan, Knauff & Co has published a report on the flow control industry from a capital markets perspective. The Flow Control Industry In-Sight™ Initiating Coverage report gives an overview of the US$146 billion flow control industry – pumps, valves and filters – including relevant public company information, industry merger and acquisition data and private equity investment in the sector. The investment bank believes that flow control companies can use this information to enhance their knowledge of the impact of the capital markets on their business including the flow of debt and equity into the industry. Jordan, Knauff is a middle-market mergers and acquisitions advisory firm. “We look forward to continuing to provide meaningful content on this industry drawn from our experience,” said Jack Gonder, vice president of Jordan, Knauff ’s Flow Control Group. To view the report, visit www.jordanknauff.com/flowcontrol UÊ Purafil is looking at the possibility of opening a manufacturing facility site in China to build its mechanical equipment. Atlanta, Georgia-headquartered Purafil designs, engineers and manufactures gas-phase air filtration systems, air monitors, and UL classified granular media. Purafil has nearly 30 000 installations in cleanroom, commercial, industrial, water and wastewater treatment applications worldwide. www.purafil.com UÊ +ÃÌi`Ê Tri-Tech Holding Inc has relocated its corporate headquarters to new offices in Beijing, China. www.Tri-Tech.cn UÊ Pall Corp has won ASM International’s 2011 Engineering Materials Achievement Award (EMAA) for its porous iron aluminide technology. The annual award recognises outstanding achievements in materials science. Pall developed its unique filter medium from intermetallic porous iron aluminide to provide fail-safe filtration in high-temperature applications such as catalytic petroleum refining and nextgeneration fossil fuel conversion to synthetic natural gas. www.pall.com and www.asminternational.org
4
Filtration Industry Analyst
policy making and bench marks. To that cause, the demand of its personnel’s qualifications is shifting. It is therefore not surprising that Evides supports initiatives that aim to develop human capital in order to tackle the challenges they face. The RSM-Wetsus Water-EMBA specialisation fills the vacuum at the management level, taking the focus away from pure technical and technological issues.” For further information, visit www.rsm.nl and www.wetsus.nl
Solid gains in first half revenues and orders at ItN Nanovation
N
anostart Holding portfolio company ItN Nanovation AG has improved its half year financial results by E626 000 over the same period last year and is on track to deliver its highest-ever revenues in 2010. The company secured a capital increase of nearly E1.3 million through a successful share placement in April 2010 to prepare for anticipated bulk filtration orders. ItN Nanovation’s ceramic flat filter CFM Systems are developing as planned. The primary area of application in 2010 is prefiltration of reverse osmosis systems for drinking water extraction. ItN Nanovation has recently successfully fulfilled an initial US$500 000 CFM Systems order for a customer in Saudi Arabia (see Orders, page 13). The company says that its objective of achieving the highest revenues in its history in 2010 is within reach. Working with a Maltese partner, the first highly integrated MBBR (Moving Bed Bio Reactor) container purification plant has been developed. The first systems are scheduled for delivery from Malta in November/ December this year. The company also plans to enter the Indian market with a simplified version of this container system. ItN Nanovation is currently in the final phase of a multistage reorganisation and restructuring. The company anticipates a considerable increase in sales in the second half of 2010 and expects a positive overall result for 2010. Looking ahead to 2011, the company has signed a cooperation agreement with Italy’s Ecologia Soluzione Ambiente SpA that will see the
Italian builder of wastewater treatment facilities exclusively use ItN Nanovation CFM Systems ceramic flat filter membrane technology (see Filtration Industry Analyst, August 2010). Founded in 2000, ItN Nanovation AG develops ceramic products such as filtration systems and coatings, for large industrial customers. The ItN Nanovation filtration products can be used for drinking water purification and waste water treatment. Nanostart AG, headquartered in Frankfurt, Germany, provides venture capital financing for nanotechnology companies in various growth phases with a focus on innovation-driven industries such as cleantech, life sciences and IT/electronics. For further information, visit www.itn-nanovation.de and www.nanostart.de
Voltea completes E3.6 million financing round
A
dvanced water desalination company Voltea Limited has raised E3.6 million in financing from investors to support the commercial roll-out of the company’s Capacitive Deionization (CapDI) technology. The funding was led by Rabo Ventures and included existing investor Pentair Inc. “Working with industry leaders, our technology has proven itself to be a breakthrough in low-energy, low-cost water desalination. As we continue our growth, we are keen to seek out industry leading partners who can further strengthen our position. In line with this aspiration, we are very pleased to be strengthening our shareholder base today by having Rabo Ventures on board,” said Michiel Lensink, CEO of Voltea. “Clean water is essential to successful and sustainable agriculture and of critical importance to Rabobank clients across the world. In order to better manage our available water resources, and to continue to provide the water needed for agriculture and industry, we need new technologies. Voltea represents one such technology. We are proud to be placing the full support of Rabobank behind this innovative business,” said Sipko Schat, head of Rabobank International. For further information, visit www.voltea.com
September 2010
DESMI to sell DESMI Ocean Guard ballast water treatment systems
D
ESMI A/S and DESMI Ocean Guard A/S have entered into a cooperation agreement on the sale of ballast water treatment systems. DESMI Ocean Guard was set up last year by Denmark’s AP Moller – Maersk, Skjølstrup & Grønborg (UltraAqua) and DESMI A/S, specialising in ballast water treatment systems designed to protect local maritime eco-systems (see Filtration Industry Analyst, July 2009). The company is currently testing a 400 m3/h system at the DHI test facilities in Hundested, Denmark. DESMI A/S introduced the system at the SMM marine exhibition in Hamburg and expects to deliver the first systems in 2011. ”Considering that DESMI A/S has a wide and well rooted sales network to potential customers for the ballast water treatment systems, we will have a good basis for quickly spreading the knowledge of our ballast water treatment concept,” said DESMI Ocean Guard’s Christian Ingvorsen. “We are looking forward to introducing the system and its many advantages to our customers. There is a huge potential and having an approved and unique system we can only have a positive view of the future,” said Henrik Mørkholt, sales director at DESMI A/S. For further information, visit www.desmi.com
Dutch business school launches Executive MBA in Water Management
R
otterdam School of Management, Erasmus University and Wetsus, the Centre of Excellence for Sustainable Water Technology, are
September 2010
launching a new Water Specialisation as part of the RSM Executive MBA programme. Starting in January 2011, RSM and Wetsus will offer a higher management education to companies in the water business. With a strong emphasis on leadership development in an international environment, the aim of the EMBA Water Specialisation programme is to reflect and further expand on issues related to water quality, distribution and availability. Participants will take part in the first two terms of the Executive MBA Programme at RSM. The third term, specialising in the water business, will be modular in format and will take place at Wetsus in Leeuwarden. The In-Company project, supervised by an RSM faculty member, will also be on specialised water topics. “All indicators show us that there will be a global, severe water shortage,” said Prof Dr George Yip, Dean of RSM. “We therefore need to focus on this broad, complex issue, and help solve it by providing the necessary management and leadership skills to people working in the water management business.” “Successfully developing and implementing water technologies that address the world’s major water challenges requires talented, excellent and well trained people that can make a difference,” said Prof Dr ir Cees Buisman, co-founder and executive board member of Wetsus. “Aside from business principals, leadership and management skills, the EMBA participants will gain multidisciplinary insight to complex, worldwide water issues.” “The growing complexity of the water supply chain requires that the smartest people in the world join this industry. The initiative of Wetsus, RSM and its founding sponsors is driven by our desire to motivate experts to prepare themselves for the ever demanding water requirements of the future,” said Menno Holterman, chief growth officer and member of the board of directors at Norit, one of the founding partners of the initiative. “Times have changed dramatically for drinking water companies,” said Dr MG Flick, general manager at Evides NV, another of the founding partners. “While technical issues with long term views have ruled board room discussions for years, several developments have caused water companies to adapt business principles in order to adapt to short and medium term changes as a consequence of market developments,
In Brief UÊ Ahlstrom has completed the acquisition of China’s Shandong Puri Filter & Paper Products Ltd from the Purico Group (see Filtration Industry Analyst, August 2010). Shandong Puri Filter & Paper Products manufactures transportation filtration media and operates a plant in Binzhou in Shandong province in northeastern China. The site currently employs 170 people. www.ahlstrom.com UÊ ÀÛi]Ê >vÀ>L>Ãi`Ê MicroMedia Filtration Inc has changed its name to M2 Renewables Inc to reflect the wastewater treatment company’s wider commitment to sustainable solutions and its expanding business opportunities. www.m2renewables.com and www. mmfwater.com UÊ Cummins Inc has been named to the Dow Jones Sustainability World Index for the sixth consecutive year. The index recognises the top 10% of the world’s largest public companies for their economic, social and environmental performance. “Issues such as corporate responsibility, environmental stewardship and creating the right environment for our employees all have a direct impact on our long-term success as a company, and we take our responsibilities in these areas very seriously,”’ said Cummins chairman and CEO Tim Solso. www.cummins.com and www.sustainability-indexes.com UÊ Purolator, a supplier of oil, air and cabin air filters to the North American aftermarket, is offering rebates on its PureONE and Classic oil filters, air filters and BreatheEasy cabin air filter lines. With the combined purchase of the PureONE oil filter and a PureONE or Classic air filter before 30 October 2010, customers can earn a US$50 code at www.Restaurant. com. Customers who purchase a BreatheEasy cabin air filter before 30 October 2010 can receive a US$5 mail-in rebate, while a US$1.50 mail-in rebate can be earned on the purchase of any Purolator Classic oil filter. www.purolatorautofilters.net
Filtration Industry Analyst
3
IN BRIEF/NEWS
In Brief UÊ 1-ÊÛiÃÌiÌÊL>ÊJordan, Knauff & Co has published a report on the flow control industry from a capital markets perspective. The Flow Control Industry In-Sight™ Initiating Coverage report gives an overview of the US$146 billion flow control industry – pumps, valves and filters – including relevant public company information, industry merger and acquisition data and private equity investment in the sector. The investment bank believes that flow control companies can use this information to enhance their knowledge of the impact of the capital markets on their business including the flow of debt and equity into the industry. Jordan, Knauff is a middle-market mergers and acquisitions advisory firm. “We look forward to continuing to provide meaningful content on this industry drawn from our experience,” said Jack Gonder, vice president of Jordan, Knauff ’s Flow Control Group. To view the report, visit www.jordanknauff.com/flowcontrol UÊ Purafil is looking at the possibility of opening a manufacturing facility site in China to build its mechanical equipment. Atlanta, Georgia-headquartered Purafil designs, engineers and manufactures gas-phase air filtration systems, air monitors, and UL classified granular media. Purafil has nearly 30 000 installations in cleanroom, commercial, industrial, water and wastewater treatment applications worldwide. www.purafil.com UÊ +ÃÌi`Ê Tri-Tech Holding Inc has relocated its corporate headquarters to new offices in Beijing, China. www.Tri-Tech.cn UÊ Pall Corp has won ASM International’s 2011 Engineering Materials Achievement Award (EMAA) for its porous iron aluminide technology. The annual award recognises outstanding achievements in materials science. Pall developed its unique filter medium from intermetallic porous iron aluminide to provide fail-safe filtration in high-temperature applications such as catalytic petroleum refining and nextgeneration fossil fuel conversion to synthetic natural gas. www.pall.com and www.asminternational.org
4
Filtration Industry Analyst
policy making and bench marks. To that cause, the demand of its personnel’s qualifications is shifting. It is therefore not surprising that Evides supports initiatives that aim to develop human capital in order to tackle the challenges they face. The RSM-Wetsus Water-EMBA specialisation fills the vacuum at the management level, taking the focus away from pure technical and technological issues.” For further information, visit www.rsm.nl and www.wetsus.nl
Solid gains in first half revenues and orders at ItN Nanovation
N
anostart Holding portfolio company ItN Nanovation AG has improved its half year financial results by E626 000 over the same period last year and is on track to deliver its highest-ever revenues in 2010. The company secured a capital increase of nearly E1.3 million through a successful share placement in April 2010 to prepare for anticipated bulk filtration orders. ItN Nanovation’s ceramic flat filter CFM Systems are developing as planned. The primary area of application in 2010 is prefiltration of reverse osmosis systems for drinking water extraction. ItN Nanovation has recently successfully fulfilled an initial US$500 000 CFM Systems order for a customer in Saudi Arabia (see Orders, page 13). The company says that its objective of achieving the highest revenues in its history in 2010 is within reach. Working with a Maltese partner, the first highly integrated MBBR (Moving Bed Bio Reactor) container purification plant has been developed. The first systems are scheduled for delivery from Malta in November/ December this year. The company also plans to enter the Indian market with a simplified version of this container system. ItN Nanovation is currently in the final phase of a multistage reorganisation and restructuring. The company anticipates a considerable increase in sales in the second half of 2010 and expects a positive overall result for 2010. Looking ahead to 2011, the company has signed a cooperation agreement with Italy’s Ecologia Soluzione Ambiente SpA that will see the
Italian builder of wastewater treatment facilities exclusively use ItN Nanovation CFM Systems ceramic flat filter membrane technology (see Filtration Industry Analyst, August 2010). Founded in 2000, ItN Nanovation AG develops ceramic products such as filtration systems and coatings, for large industrial customers. The ItN Nanovation filtration products can be used for drinking water purification and waste water treatment. Nanostart AG, headquartered in Frankfurt, Germany, provides venture capital financing for nanotechnology companies in various growth phases with a focus on innovation-driven industries such as cleantech, life sciences and IT/electronics. For further information, visit www.itn-nanovation.de and www.nanostart.de
Voltea completes E3.6 million financing round
A
dvanced water desalination company Voltea Limited has raised E3.6 million in financing from investors to support the commercial roll-out of the company’s Capacitive Deionization (CapDI) technology. The funding was led by Rabo Ventures and included existing investor Pentair Inc. “Working with industry leaders, our technology has proven itself to be a breakthrough in low-energy, low-cost water desalination. As we continue our growth, we are keen to seek out industry leading partners who can further strengthen our position. In line with this aspiration, we are very pleased to be strengthening our shareholder base today by having Rabo Ventures on board,” said Michiel Lensink, CEO of Voltea. “Clean water is essential to successful and sustainable agriculture and of critical importance to Rabobank clients across the world. In order to better manage our available water resources, and to continue to provide the water needed for agriculture and industry, we need new technologies. Voltea represents one such technology. We are proud to be placing the full support of Rabobank behind this innovative business,” said Sipko Schat, head of Rabobank International. For further information, visit www.voltea.com
September 2010